Business News • MarketWire • Trilon International Inc. Acquires Securities of Imvescor Restaurant Group Inc. |
Trilon International Inc. Acquires Securities of Imvescor Restaurant Group Inc. |
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Trilon International Inc. Acquires Securities of Imvescor Restaurant Group Inc.
TORONTO, ONTARIO--(Marketwire - Dec. 28, 2011) - Trilon International Inc. ("Trilon") today announced that it has acquired and exercised a total of 1,939,000 rights ("Rights") to subscribe for common shares ("Common Shares") of Imvescor Restaurant Group Inc. ("Imvescor") at a price of $0.44 per Common Share (the "Subscription Price") in connection with Imvescor's previously announced rights offering (October 21, 2011). Every Right entitles the holder thereof to acquire 3.6092048 Common Shares upon payment of the Subscription Price. The 6,998,248 Common Shares to be issued to Trilon pursuant to Trilon's exercise of Rights are expected to be issued on or about December 29, 2011.
View More : http://www.marketwire.com/mw/release.do?id=1602257&sourceType=3
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